Sports betting is an activity in which people put money on an outcome of a game and get paid if it happens. It can be as simple as betting on a team to win or as complex as betting on multiple outcomes in a parlay.

Bets on spreads and totals

The most common type of sports bet is the spread. This involves predicting whether a favored team will win or lose by a certain number of points. For example, in the 2019 Super Bowl, the Patriots were 2.5-point favorites to beat the Rams. The team must win by three or more points to cover the spread.

In contrast, a team that is perceived to be unlikely to win is considered a longshot and is given odds that are higher than the pointspread. These odds are often called “moneyline.”

Betting tipsters

Betting tipsters are world-leading experts on a particular sport or team. They know everything about that sport or team, and they can make their odds much more competitive than bookmakers.

Value bets

In addition to finding bets on teams that have a good chance of winning, there are also many other types of bets you can place. These include wagers on the outcome of a game, bets on which player will score first and even bets on players in specific positions.

Parlays

A parlay is a series of bets that pay more than the individual straight bets in the sequence. These bets can be singles, multiples or teasers.